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Whales from Cardano and Solana are accumulating a new altcoin that could see gains of up to 50x. Discover which one in this article.
In the cryptocurrency market, whale activity can significantly impact prices simply through the acquisition of particular tokens. Recently, prominent whales from leading altcoins such as Cardano (ADA) and Solana (SOL) have begun investing in a new player: DTX Exchange (DTX). This innovative altcoin is currently in phase four of its presale and has already amassed nearly $5 million in funding.
Experts estimate that DTX could reach $6 million by the end of the month. With its goal of transforming online trading via a unique trading platform, whales are optimistic about potential returns that could reach as high as 50x.
Charles Hoskinson highlights a new upgrade for Cardano
Cardano is a prominent altcoin within the crypto landscape. Recently, its founder Charles Hoskinson noted that Cardano is currently stable, but a new upgrade could enhance its performance. Cardano blockchain developer Andrew Westberg stated that this upgrade will advance its intent processing capabilities with nested transactions.
In other developments, Cardano has experienced a slight increase in value. According to CoinMarketCap, Cardano rose nearly 10% over the past month. The current trading price for Cardano is between $0.33 and $0.35. This altcoin is also trading above both its 10-day EMA ($0.354) and its 20-day EMA ($0.355). Given these indicators, experts predict that Cardano could reach $0.38 by the end of October.
USDT on Solana now accessible via Allbridge
Solana is another altcoin garnering attention. Recently, Solana announced the availability of the USDT stablecoin on Allbridge. This development enables users to easily transfer stablecoins from EVM and Tether to Solana, potentially boosting interest in this cryptocurrency.
Notably, Solana’s value has surged nearly 20% in the past month, as reported by CoinMarketCap. Currently, Solana trades between $131 and $155. Additionally, Solana’s 14-day RSI stands at 59, suggesting a possible uptrend. With all of these positive signals and news for Solana, experts anticipate that the price may reach $160 before the end of the month.
DTX Exchange poised for a possible 50x increase
DTX Exchange is emerging as a promising disruptor in the market, aiming to establish itself as a key player in online trading. It plans to launch a hybrid trading platform that combines the advantages of both Centralized Exchanges (CEX) and Decentralized Exchanges (DEX), providing traders with rapid transaction speeds of up to 0.04 seconds, low fees, and privacy without the need for sign-up KYC checks.
Moreover, DTX Exchange aims to serve as a comprehensive hub for over 120,000 asset classes, including stocks, foreign exchange, and cryptocurrencies. This positions it favorably against platforms like Binance or Coinbase, which primarily concentrate on crypto. Traders can manage all their assets within the DTX Unified wallet, addressing concerns of fragmented asset management.
The features of DTX Exchange could make it a preferred choice for millions of traders globally. Anticipation is mounting as the presale for DTX Exchange has entered phase four. The DTX utility token is currently priced at $0.08, representing a 300% increase from its initial value. Analysts project that a further 50x increase is likely once this altcoin is listed on a major crypto exchange, making it one of the standout altcoins to keep an eye on.
Reasons ADA and SOL whales are gravitating towards DTX Exchange
Whales from Cardano and Solana are accumulating DTX Exchange tokens, making its 50x potential more attainable. With a market cap smaller than that of these established altcoins, DTX offers the promise of quicker price growth with comparatively less capital. Whales seeking swift yet substantial returns now consider DTX Exchange the best altcoin investment opportunity.
For additional details, visit the DTX Exchange presale website or connect with the online community.
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